NOT LISTED FOR SALE

227 South St Unit 229 Waltham, MA 02453

Bank Square Neighborhood

Estimated Value: $1,472,000 - $2,404,000

13 Beds
5 Baths
5,142 Sq Ft
$403/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,930,000 $375 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,499/month

13 Days on Market

About This Home

As of October 2021

Incomparable Location, the “Gucci House” offers great live-in & or Investment Opportunity 1 BLOCK TO BRANDEIS!. Mammoth Victorian 3 Family with lots period detail on huge .3 acres,19 rms, 13 bdrms, 5 baths, all separate utilities except water. Gross Rental Income *$139,860, 42 year vacancy free rental history. Many upgrades: 2 high efficiency steam by oil boilers, 1 newer gas HE boiler, newer roof & skylights, triple glazed vinyl windows, low maintenance vinyl siding with period detail preserved, new rubber membrane porch roof with new deck. 1 brand new kitchen upgrade with new paint throughout unit, new laminate floors. 18 car parking plus lovely backyard. Public tennis courts, Charles River Conservation Area & athletic facilities nearby. Near Vibrant downtown Moody St Waltham Located Just over 1/2 mile to MBTA Brandeis/Roberts commuter rail, MBTA bus stop out front, Near Major Highway Access & the beautiful Charles River. *Unit 3 Just Renovated & vacant for showings and open houses.

Last Agent to Sell the Property

Jim & Mike Savas Team

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 07/29/2021

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Anabela Gomes

Urban Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,166

Year Built

  • 1890

Lot Details

  • 0.3

Additional Features

  • Property has 3 Levels
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,166

Year Built

1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: From Main St to South Street on corner of Shakespeare. 1 block from Brandeis University.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1890

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Microwave,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Oven, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Has Basement: Full, Walk-Out Access, Interior Entry
  • MAIN LO: AN6527
  • MAIN SO: AN5008
  • Full Bathrooms: 5
  • Total Bedrooms: 13
  • Fireplace: No
  • Flooring: Tile,Varies Per Unit,Laminate,Hardwood, Unit 1(undefined), Unit 3(Wood Flooring,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Upgraded Cabinets,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 7
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle, Rubber
  • Exterior Features: Rain Gutters
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: Owner Occupied Residential Tax Exemption For 2021 Was $2, 608.70. Must Be Applied For With City. Unit 229-B Just Renovated & Currently Empty For New Owner & For Showing The Property. Income & Expense In Documents! Masks Required-Covid 19 Guidelines Apply
  • Lot Features: Corner Lot, Gentle Sloping
  • Patio And Porch Features: Porch, Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Driveway
  • Open Parking: Yes
  • Total Parking Spaces: 18

Utilities

  • Cooling: Unit 1(None), Unit 3(None)
  • Heating: Unit 1(Steam,Oil), Unit 2(Steam,Oil), Unit 3(Steam,Gas)
  • SEWAGE DISTRICT: MWRA
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, University
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Schools

  • Middle Or Junior School: Mcdevitt

Lot Info

  • LOT SIZE: 12859
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 13068
  • Zoning: 1

Multi Family

  • LEVELS 1: 3
  • LEVELS 3: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2
  • Annual Gross Income: 139860
  • Property Net Operating Income: 139860
  • Number Of Units Total: 3
  • Total Actual Rent: 11655

Tax Info

  • Tax Annual Amount: 11767
  • Tax Block: 13
  • Tax Book Number: 25344
  • Tax Lot: 19
  • Tax Map Number: 67
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 8, 2021
Sold by
Gucci Rt
Bought by
Chan Wyman and Ng Sio L
Seller's Agent
Jim & Mike Savas Team
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Anabela Gomes
Urban Realty
List Price
$1,895,000
Sold Price
$1,930,000
Premium/Discount to List
$35,000
1.85%
Current Estimated Value
$2,070,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,411
Avg. Annual Appreciation
1.70%
Original Mortgage
$848,500
Outstanding Balance
$773,753
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,296,658

Purchase Details

Closed on
Jun 26, 2003
Sold by
Tr Gucci Rt S and Tr Jane C Albert
Bought by
Albert Jane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chan Wyman $1,930,000 None Available
Albert Jane C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Wyman $848,500
Previous Owner Albert Jane C $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $1,930,000 +1.8% $375 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $1,895,000 -- $369 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,166 $1,951,700 $462,900 $1,488,800
2024 $17,554 $1,821,000 $454,300 $1,366,700
2023 $17,519 $1,697,600 $411,500 $1,286,100
2022 $11,942 $1,072,000 $377,200 $694,800
2021 $11,767 $1,039,500 $377,200 $662,300
2020 $11,548 $966,400 $351,500 $614,900
2019 $10,376 $819,600 $331,400 $488,200
2018 $9,428 $747,700 $306,900 $440,800
2017 $9,046 $720,200 $279,400 $440,800
2016 $8,753 $715,100 $274,300 $440,800
2015 $7,899 $601,600 $240,000 $361,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jim & Mike Savas Team

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    1 in this area

    108 Total Sales

    Jim & Mike Savas Team
    Section Image
  • Anabela Gomes

    Buyer's Agent in 2021

    Anabela Gomes

    Urban Realty

    (617) 512-5578

    1 in this area

    38 Total Sales

    Anabela Gomes
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72873277

MLS Property Information Network (MLS PIN)

APN: WALT-000067-000013-000010

Massachusetts Middlesex County Waltham 02453 Bank Square

227 South St Unit 229, Waltham, MA

Not Listed for Sale

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